The Indirect Tax regime in India has seen a drastic shift with the merger of a plethora of laws, rules and regulations at the central as well as state level into one law “Goods and Services Act, 2017”.
Our specialist teams stay abreast of all the development on tax policies, administration and key judicial pronouncements, thereby identifying threats and opportunities for providing innovative tax solutions to our clients.
Our service offering encompasses the following Indian Legislation and Rules.
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Goods & Services Tax Act, 2017
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The Customs Act, 1962.
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Foreign Trade Policy and SEZ Regulations.
Obsolete but still relevant Indian Legislation.
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Chapter V of the Finance Act, 1994 (Services Tax Legislation).
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Central Excise Act. 1944.
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Central Sales Tax Laws.
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State Value Added Tax, Professional Tax, Entry Tax.
Our Indirect Tax Advisory Services includes;
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Advising on operations/transactions of clients from an Indian tax perspective in terms of the various taxes applicable and tax benefits/exemptions /set offs available.
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Conducting Health Check/Credit review to identify planning opportunities available and optimising the overall Indirect Tax incidence.
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Due Diligence reviews.
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Advice on execution of Turnkey Projects/ EPC Contracts involving planning at the Bidding stage, structuring of contracts, identification of tax optimisation opportunities, devising the most tax efficient models and comprehensive range of compliance services subsequent to the bidding stage.
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Providing on –call advisory on specific Indirect Tax queries by the clients from time to time.